Equity Development Investment Tbk. vs PP (Persero) Tbk. — how do they compare? Equity Development Investment Tbk. trades at Rp85 (market cap 1.34T, 2.81M 24h volume), while PP (Persero) Tbk. trades at Rp210 (market cap 1.25T, 11.12M 24h volume). The key difference: Equity Development Investment Tbk. and PP (Persero) Tbk. are close in size by market cap, and PP (Persero) Tbk. is more actively traded (11.12M versus 2.81M). Which is the better fit depends on your goals.
| GSMF | PTPP | |
|---|---|---|
Market Cap | 1.34T | 1.25T |
Volume | 2.81M | 11.12M |
Lot | 28.07K | 111.21K |
Turnover | 240.45M | 2.32B |
Average Price | 85.67 | 209.01 |
Value | 240.45M | 2.32B |
Indicative Equilibrium Price | 85 | 210 |
Indicative Equilibrium Volume | 250 | 669 |
Trailing returns across standard periods
Latest headlines on both assets
PT Equity Development Investment Tbk (the “Company”) was established in Jakarta under the name of PT Gajah Surya Arta Leasing on November 1, 1982 based on the Notarial Deed of Didi Sudjadi, S.H., No. 1, as amended by deed No. 30 dated March 6, 1985 of the same notary. The Company changed its name to be PT BDNI Capital Corporation Tbk. On February 7, 2001, it changed the named again to be PT GT Investama Kapital, Tbk.
Read more on GSMF →PT PP (Persero) was established under the name of NV Pembangunan Perumahan based on the Notarial Deed No. 48 of August 26, 1953. At the time it was established PT PP (Persero) was entrusted to build houses for the officers of PT Semen Gresik Tbk, a subsidiary of BAPINDO in Gresik. Along with increased trust, PT PP (Persero) received the duty to construct large projects that were related to war compensations the Government of Japan paid to the Republic of Indonesia, namely : - Hotel Indonesia, Bali Beach Hotel, - Ambarukmo Palace Hotel and - Samudera Beach Hotel.1960 In compliance to Government Regulation No. 63 year 1960, PN (Perusahaan Negara) Pembangunan Perumahan changed into PN Pembangunan Perumahan. 1962 In 1962, PT PP (Persero) completed the construction of Hotel Indonesia, a 14 stories with 427 rooms, which at the time was the highest building in Indonesia. 1971 In compliance to the Government Regulation No. 39 year 1971, PN Pembangunan Perumahan changed and become PT Pembangunan Perumahan (Persero), which was legalized through the Deed No. 78 dated March 15, 1973. The Company's core business was construction services. 1991-2007 For more than five decades, PT PP (Persero) has been a key player in the national construction business. Several mega projects have been constructed in that period. Subsequently, starting in 1991, PT PP (Persero) diversified its business, including office space rental at Plaza PP and realty business development in the area of Cibubur, and also the establishment of several subsidiaries through partnerships with foreign companies, among others PT PP Taisei Indonesia Construction and PT Mitracipta Polasarana.
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